UTX (Ultratrex) Debt-to-Equity: 0.28 (As of Dec. 2024)

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What is Ultratrex Debt-to-Equity?

Ultratrex UTX Debt-to-Equity is 0.28 as of Dec. 2024.

Ultratrex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1.83 Mil. Ultratrex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1.42 Mil. Ultratrex's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $11.61 Mil. Ultratrex's debt to equity for the quarter that ended in Dec. 2024 was 0.28.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ultratrex's Debt-to-Equity or its related term are showing as below:

UTX's Debt-to-Equity is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Ultratrex  (NAS:UTX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Ultratrex Debt-to-Equity Related Terms

Ultratrex Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ultratrex's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ultratrex Debt-to-Equity Chart

Ultratrex Annual Data
Trend Jun23 Jun24
Debt-to-Equity
0.36 0.28

Ultratrex Semi-Annual Data
Jun23 Dec23 Jun24 Dec24
Debt-to-Equity 0.36 N/A 0.28 0.28

UTX vs : Debt-to-Equity Comparison

For the Farm & Heavy Construction Machinery subindustry, Ultratrex's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ultratrex Debt-to-Equity vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ultratrex's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ultratrex's Debt-to-Equity falls into.


Ultratrex Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ultratrex's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1.428 + 1.485) / 10.287
=0.28

Ultratrex's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1.826 + 1.415) / 11.605
=0.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.28 mean?
Ultratrex (UTX) has a Debt-to-Equity of 0.28 as of Dec. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ultratrex and its competitors.
Is Ultratrex's Debt-to-Equity too high?
Ultratrex's current Debt-to-Equity is 0.28. The Farm & Heavy Construction Machinery industry median Debt-to-Equity is 0.36. Ultratrex's value of 0.28 is 22.2% below this industry median.
How does Ultratrex's Debt-to-Equity compare to ?
Ultratrex's Debt-to-Equity of 0.28 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Debt-to-Equity is 0.36. Ultratrex's value of 0.28 is 22.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Farm & Heavy Construction Machinery company?
The median Debt-to-Equity among Farm & Heavy Construction Machinery companies is 0.36, based on 184 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ultratrex's current Debt-to-Equity of 0.28 is 22.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ultratrex and its competitors. For the Farm & Heavy Construction Machinery industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultratrex's current Debt-to-Equity is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultratrex stock overvalued right now?
Ultratrex (UTX) has a current Debt-to-Equity of 0.28. The current Debt-to-Equity is 0.28 and 22.2% below the Farm & Heavy Construction Machinery industry median of 0.36. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Ultratrex (UTX), the current Debt-to-Equity is 0.28 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ultratrex Business Description

Comparable Companies
Address 220 Orchard Road, Unit 05-02, Midpoint Orchard, Singapore, SGP, 238852
Ultratrex Inc is a holding company engaged in the manufacturing, trading and leasing of amphibious excavators, dredgers, machineries and amphibious harvesters, leasing of all kinds of hydraulic cranes, related heavy machineries and spare parts, as well as import and export of heavy machineries and related business. The Group operates in a single business segment involving manufacturing, trading and leasing of amphibious excavators, dredgers machineries and amphibious harvesters, and leasing of hydraulic cranes, related heavy machineries and spare parts. Its main revenue is generated mainly from the manufacturing and sale of amphibious vehicles and spare parts. The Group operates across Asia Pacific with majority of revenue, Europe, the Middle East, Africa, South America and North America.